Daily Digest

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Daily Digest 9/3 - Rickets and Gout Return To Britain, Payday Loans Soar

Wednesday, September 3, 2014, 10:59 AM

Economy

Poverty Blamed for Return of Rickets and Gout to Britain

A "toxic combination" of poor wage growth and higher food prices has led to the return of Victorian-era diseases like rickets and gout to Britain.The Faculty of Public Health (FPH), which represents doctors and health workers, links food poverty with the rise in those diseases. "It's getting worse because people can't afford good quality food," the FPH's John Middleton told the Observer newspaper.

Health care spending in Massachusetts on the rise

On a per resident basis, the total paid for health care was $7,550, the report said, with spending by government programs — including Medicaid and state-sponsored Commonwealth Care — accounting for 60 percent of the total.

High Health Plan Deductibles Weigh Down More Employees

Next year, nearly a third of large employers will offer only high-deductible plans — up from 22 percent in 2014 and 10 percent in 2010, according to a study by the National Business Group on Health, which included 136 large companies that collectively employ 7.5 million workers. And 81 percent of those large employers will have added one of these plans to their lineup of choices, up from 53 percent in 2010.

Food-Stamp Use Starting to Fall

Some 14.8% of the U.S. population is on the Supplemental Nutrition Assistance Program, or SNAP, down from 15.3% last August, U.S. Department of Agriculture data show.
Food-stamp use remains high, historically speaking. The share of Americans on the benefit—which lets them buy basics like cereal and meat and treats like cookies, but not tobacco, alcohol or pet food—is above the 8% to 11% that prevailed before the financial crisis.

Payday loan problems soaring, says debt charity (UK)

The number of people struggling with payday loan debts is still soaring. New figures published today have revealed a climb of almost 50 per cent in those forced to seek help after falling into debt problems because of payday loans in the first six months of the year.

Texas' Local Debt Hits $328 Billion -- That's $12,400 Per Person

From 2001 to 2011, the compounded growth rate of population and inflation increased by just 53 percent. By comparison, local government debt outstanding (principal only) rose by 122 percent over the same period, meaning that local debt growth is outpacing population and inflation by a factor of almost 2.5-to-1.

New study finds the Southwest might be facing 'megadrought'

A new study by The University of Arizona, Cornell University and the U.S. Geological Survey says the chances of a "megadrought" that runs 35 years or more ranges from 30 to 40 percent over the next century in the Grand Canyon State.

Chinese home prices drop again in August -surveys

More than 30 regional governments, which earn a large part of their revenue from selling state land, have openly or quietly relaxed home purchase restrictions this year, according to data from private consultants.

Puerto Rico economic activity drops to 20-year low

The report is another indication that the island's economy continues to struggle, posing a headache for the government as it deals with budget deficits and high levels of debt.

France backs away from 2015 savings target

Sapin also reckoned fresh borrowing would increase by over 4 percent instead of the previously envisaged 3.8 percent, significantly above the 3-percent limit stipulated under EU rules.

Gold & Silver

Click to read the PM Daily Market Commentary: 9/3/14

Provided daily by the Peak Prosperity Gold & Silver Group

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3 Comments

james_knight_chaucer's picture
james_knight_chaucer
Status: Silver Member (Offline)
Joined: Feb 21 2009
Posts: 160
The reason we have rickets is

The reason we have rickets is that Asian families keep their children indoors, and when they are allowed out, they are dressed in trousers/ tents.

Brown skin & no sun exposure makes rickets bound to occur in sun deprived Britain.

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4165
KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
Joined: Jan 2 2010
Posts: 1449
james_knight_chaucer
james_knight_chaucer wrote:

The reason we have rickets is that Asian families keep their children indoors, and when they are allowed out, they are dressed in trousers/ tents.

Brown skin & no sun exposure makes rickets bound to occur in sun deprived Britain.

Take Vitamin D3.  Kids ~1K IU to start.  See http://www.vitamindcouncil.org/about-vitamin-d/how-do-i-get-the-vitamin-d-my-body-needs/#

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